I was named executor to my father's estate in his will. Upon his death, I learned the hard way the importance of understanding in advance all that the role entails, state-specific requirements, and when it's necessary to reevaluate your decision to take on this role.

Only Child Problems

Episode 14 - What I Learned The Hard Way About Being an Executor to a Parent's Estate

Being an only child has its perks. But life gets REAL as an ADULT only child when you fully grasp the prospect of having to balance your own life with sole responsibility for assisting your parents as they age. Caregiving can place strains on your family, career, and mental and physical health. Siblings can tackle this as a team. But as an only child, how will you handle the stress of bearing sole responsibility for financial decisions, hospital visits and/or emergencies of aging parents? Join me every two weeks to discuss ways to create and maintain a prosperous, healthy life for yourself while adequately preparing for your parents’ lives at retirement and beyond.